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Press Releases

 
Press Releases
  Date Title and Summary View
Aug 4, 2009
WEST PALM BEACH, Fla., Aug. 4, 2009 -- Ocwen Financial Corporation ("Ocwen") (NYSE:OCN) today announced a proposed public offering of common stock. Ocwen intends to offer, subject to market and other conditions, $250 million of its common stock. In connection...
Aug 4, 2009
WEST PALM BEACH, Fla., Aug. 4, 2009 -- Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE:OCN) today reported net income of $17.8 million or $0.26 per share for the three months ended June 2009. This compares to a net loss of $2.7 million or $0.04 per share for the second quarter of 2008. Net income significantly increased despite (i)...
Jul 30, 2009
WEST PALM BEACH, Fla., July 30, 2009 -- Ocwen Financial Corporation (NYSE:OCN), a leading servicer of subprime mortgages, supports the Obama administration's stepped-up effort to address the mortgage crisis through effective loan modifications. Ocwen was one of the first servicers to begin executing loan modifications under the Treasury Departm...
Jul 23, 2009
WEST PALM BEACH, Fla., July 23, 2009 -- Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE:OCN) today announced that the previously scheduled record date of July 30, 2009 in connection with the distribution of the common shares of Altisource Portfolio Solutions S.A. (Nasdaq:ASPS) to all Ocwen shareholders (including the holders of Ocw...
Jul 20, 2009
WEST PALM BEACH, Fla., July 20, 2009 -- Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE:OCN) is pleased to announce the record and distribution dates for the pro rata tax-free distribution of the common shares of Altisource Portfolio Solutions S.A. ("Altisource") (Nasdaq:ASPS) to all Ocwen shareholders. On August 10, 2009 (the "Dis...
Jul 17, 2009
WEST PALM BEACH, Fla., July 17, 2009 -- Ocwen Financial Corporation (NYSE:OCN) will hold its conference call on Tuesday, August 4, 2009 at 11:00 a.m. (ET) to review the Company's operating results. These events will follow Ocwen's 2nd Quarter 2009 earnings release. The press release will also be available on the Ocwen Financial Corporation Shar...
Jul 15, 2009
WEST PALM BEACH, Fla., July 15, 2009 -- Steven B. Nesmith, 47, has joined Ocwen Financial Corporation (NYSE:OCN) as Senior Vice President and Assistant General Counsel for Strategic and Government Initiatives, the company announced today. Ocwen is one of the nation's largest servicers of subprime mortgages. ...
Jul 1, 2009
WEST PALM BEACH, Fla., July 1, 2009 -- Ocwen Financial Corporation (NYSE:OCN) will hold its conference call on Thursday, August 6, 2009 at 11:00 a.m. (ET) to review the Company's operating results. These events will follow Ocwen's 2nd Quarter 2009 earnings release. The press release will also be available on the Ocwen Financial Corporation Shar...
Jun 16, 2009
WEST PALM BEACH, Fla., June 16, 2009 -- LaCrosse Global Fund Services and Ocwen Financial Corporation (NYSE:OCN) announced today the introduction of a specialized suite of services available to investment funds investing in US-based loans, mortgages and distressed assets. Ocwen will provide seamless integration of its innovative mortgage servic...
May 7, 2009
WEST PALM BEACH, Fla., May 7, 2009 -- Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE:OCN) today reported net income of $15.1 million or $0.24 per share for the first quarter of 2009 despite a $4.6 million net unrealized loss on loans held for resale. This compares to net income of $5.3 million or $0.08 per share for the first quar...
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